Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Up 1,338.7% in April

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 64,527 shares, an increase of 1,338.7% from the April 15th total of 4,485 shares. Based on an average trading volume of 39,279 shares, the short-interest ratio is presently 1.6 days. Approximately 0.0% of the shares of the company are short sold.

Yaskawa Electric Stock Performance

Shares of OTCMKTS YASKY opened at $85.99 on Tuesday. The company has a current ratio of 2.47, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $62.11 and a 200-day simple moving average of $61.13. The company has a market cap of $11.15 billion, a PE ratio of 47.51 and a beta of 1.37. Yaskawa Electric has a 12-month low of $37.53 and a 12-month high of $86.50.

Yaskawa Electric (OTCMKTS:YASKY) last issued its quarterly earnings data on Friday, April 10th. The technology company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $941.89 million during the quarter. Yaskawa Electric had a return on equity of 7.51% and a net margin of 6.50%.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded Yaskawa Electric from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Yaskawa Electric currently has a consensus rating of “Buy”.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan‐based manufacturer of industrial automation equipment, specializing in motion control technology, robotics, and drive systems. The company designs and produces a range of products that include AC and DC servo motors, inverters, programmable logic controllers, welding robots and general-purpose industrial robots. Its offerings are used across diverse sectors such as automotive, electronics, food and beverage, pharmaceuticals, and logistics to improve productivity, precision and energy efficiency in manufacturing processes.

Founded in 1915 in Kitakyushu, Japan, Yaskawa Electric has evolved from a regional motor repair shop into a global provider of factory automation and mechatronic solutions.